Jefferies Initiates Coverage On Denison Mines with Buy Rating, Announces Price Target of C$5.2
Jefferies initiates coverage on Denison Mines (TSX:DML) with a Buy rating and announces Price Target of C$5.2.
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Denison Mines (AMEX:DNN) reported quarterly losses of $(0.02) per share which missed the analyst consensus estimate of $(0.01) by 100 percent. This is a 300 percent decrease over earnings of $0.01 per share from the
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Jefferies initiates coverage on Denison Mines (TSX:DML) with a Buy rating and announces Price Target of C$5.2.
The VanEck Uranium and Nuclear ETF is up 16% in August, its best month since January, with Energy Fuels, Uranium Energy and Denison Mines up over 30%.